Industry News (Private)

After 30 years in the Remote Backup business I have retired. I have sold the business to our long time CTO, Pinku Bharathi, who has headed the Support department for eleven years, and the Development department for the past five years. Pinku has been an integral part of the management team, and he is very […]

A U.S. government interagency report indicates that there has been a 300 percent increase in the daily ransomware attacks in 2016 as compared to 2015. Ransomware is malicious software that, when introduced into a system, gives a hacker access to the user’s system, and the ability to encrypt data and hold it hostage until payment […]

There’s a new form of ransomware—apparently built by amateurs—that takes your money but deletes your personal files anyway. Security research firm Talos recently published a blog post about a new form of malware dubbed Ranscam. This ransomware follows the basic premise of previous variants. It claims your files have been encrypted, and thus inaccessible to […]

The global backup as a service market to grow at a CAGR of 27.5% during the period 2016-2020. The report covers the present scenario and the growth prospects of the global backup as a service market for 2016-2020 This report considers revenue generated from backup services offered on cloud platforms. The services from online backup […]